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Comet IndustriesTSXV:CMU 25 Current Ratio is 0.60 as of Apr. 2026, which is 43% below its 10-year median of 1.05. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100 and a GF Value™ of C$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,796 Real Estate companies, Comet Industries ranks worse than 87.58% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Comet Industries's current ratio for the quarter that ended in Apr. 2026 was 0.60.
Comet Industries has a current ratio of 0.60. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Comet Industries has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Comet Industries's Current Ratio or its related term are showing as below:
TSXV:CMU'
s Current Ratio Range Over the Past 10 Years
Min: 0.09 Med: 1.05 Max: 220.82
Current: 0.6
During the past 13 years, Comet Industries's highest Current Ratio was 220.82. The lowest was 0.09. And the median was 1.05.
TSXV:CMU's Current Ratio is ranked worse than 87.58% of 1796
companies
in the Real Estate industry
Industry Median: 1.7
vs TSXV:CMU: 0.60
Comet Industries (TSXV:CMU) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Comet Industries Current Ratio Related Terms
Comet Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for Comet Industries's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSXV:CMU vs CBRE, BEKE, JLL: Current Ratio Comparison
For the Real Estate Services subindustry, Comet Industries's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Comet Industries Current Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Comet Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Comet Industries's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Comet Industries (TSXV:CMU) has a Current Ratio of 0.60 as of Apr. 2026. This is 43% below median its historical median of 1.05. Over the past decade, Comet Industries' Current Ratio has ranged from 0.09 to 220.82. According to the industry distribution chart, Comet Industries ranks #1573 out of 1796 companies in the Real Estate industry, placing it in the top 87.6%.
Is Comet Industries' Current Ratio too high?
Comet Industries' current Current Ratio of 0.60 is 43% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 220.82. The Real Estate industry median Current Ratio is 1.70. Comet Industries' value of 0.60 is 64.7% below this industry median. Based on the distribution chart, Comet Industries ranks #1573 out of 1796 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Comet Industries has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Current Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Comet Industries ranks #1573 out of 1796 companies for Current Ratio. This places Comet Industries in the lower half of its industry. The industry median Current Ratio is 1.70. Comet Industries' value of 0.60 is 64.7% below this benchmark. Historically, Comet Industries' own Current Ratio has ranged from 0.09 to 220.82 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.70, Comet Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,796 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comet Industries's current Current Ratio of 0.60 is 64.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Industries's current Current Ratio is 0.60, which is 43% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Based on GuruFocus' analysis, Comet Industries (TSXV:CMU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$6.00 — trading 3057.9% above its estimated fair value. The current Current Ratio is 0.60, which is 43% below median its 10-year median of 1.05 and 64.7% below the Real Estate industry median of 1.70. Comet Industries' overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Comet Industries (TSXV:CMU), the current Current Ratio is 0.60 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Comet Industries (TSXV:CMU) Overvalued in 2026?
Based on GuruFocus' analysis, Comet Industries stock appears to be overvalued.
The current stock price of C$6.00 is trading 3057.9% above its estimated GF Value™ of C$0.19.
GuruFocus considers Comet Industries to be Significantly Overvalued.
Key valuation signals for TSXV:CMU:
Current Ratio: 0.60 (43% below median its 10-year median of 1.05)
GF Value™: C$0.19 vs. price of C$6.00 (3057.9% above fair value)
Industry Position: 64.7% below the Real Estate median (#1573 of 1796)
No single metric tells the full story. See the TSXV:CMU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
25GF Score
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